Seller's Agent in 2025
Kenneth Trestka
Genstone Properties
(631) 926-0047
1 in this area
80 Total Sales
301 E 40th St Brooklyn, NY 11203
East Flatbush Neighborhood
4
Beds
2
Baths
1,544
Sq Ft
2,400
Sq Ft Lot
About This Home
As of July 2025**Prime Real Estate Opportunity in Brooklyn – Flatbush Gem!**
Welcome to **301 E 40th St, Brooklyn** – a spacious 4-5 bedroom duplex located in the highly sought-after Flatbush section. This property offers immense potential but requires total renovation, making it an ideal canvas for your dream home or investment project.
**Key Features:**
- 4-5 Bedroom Duplex – Generously sized and versatile layout
- Driveway with Off-Street Parking – A rare and valuable asset in Brooklyn
- Prime Location – Situated in the vibrant and culturally rich Flatbush neighborhood
- Endless Possibilities – Perfect for owner-occupants looking to customize or investors seeking a rewarding project
This property represents an exceptional opportunity to create a modern, stylish living space in one of Brooklyn’s most dynamic communities. Don’t miss out on this diamond in the rough – with the right vision, this duplex can be transformed into a true masterpiece!
Last Agent to Sell the Property
Genstone Properties Brokerage Phone: 973-479-0937 License #10301218919 Listed on: 06/12/2025
Last Buyer's Agent
Genstone Properties Brokerage Phone: 973-479-0937 License #10301218919 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,021
Year Built
- Built in 1925
Parking
- Driveway
Home Design
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Schools
- Ps 135 Sheldon A Brookner Elementary School
- Brooklyn Science And Engineering Aca Middle School
- Brooklyn Community High School For Excellence And
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Walk-Out Basement
- 2,400 Sq Ft Lot
Community Details
- 2 Units
- 3 Separate Gas Meters
Listing and Financial Details
- Legal Lot and Block 42 / 4894
- Assessor Parcel Number 04894-0042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2025
Sold by
Mtek Nyc Llc
Bought by
Worrell Helaine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,253,870
Outstanding Balance
$1,253,870
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$580,219
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jul 24, 2025
Sold by
Trustee Of The Residential Credit Opport and Wilmington Savings Fund Society Fsb As
Bought by
Mtek Nyc Llc
Seller's Agent
Kenneth Trestka
Genstone Properties
Buyer's Agent
Kenneth Trestka
Genstone Properties
List Price
$684,900
Sold Price
$650,000
Premium/Discount to List
-$34,900
-5.1%
Views
2156
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Purchase Details
Closed on
Jan 31, 2025
Sold by
Segal Jack Esq
Bought by
Wilmington Savings Fund Society Fsb
Purchase Details
Closed on
Jul 17, 1999
Sold by
Lenders Realty Consultant Llc
Bought by
Charles Leon and Charles Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,424
Interest Rate
7.86%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 16, 1998
Sold by
Greenpoint Bank
Bought by
Lenders Realty Consultants Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,822
Interest Rate
6.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,277,000 | -- | |
| Deed | $661,862 | -- | |
| Foreclosure Deed | $1,000 | -- | |
| Foreclosure Deed | $1,000 | -- | |
| Bargain Sale Deed | $134,500 | Chicago Title Insurance Co | |
| Bargain Sale Deed | $134,500 | Chicago Title Insurance Co | |
| Bargain Sale Deed | $109,500 | Chicago Title Insurance Co | |
| Bargain Sale Deed | $109,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,253,870 | Purchase Money Mortgage | |
| Previous Owner | $132,424 | FHA | |
| Previous Owner | $81,822 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Sold | $650,000 | -5.1% | $421 / Sq Ft |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $684,900 | -- | $444 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,212 | $44,460 | $15,000 | $29,460 |
| 2024 | $6,212 | $37,380 | $15,000 | $22,380 |
| 2023 | $5,910 | $37,080 | $15,000 | $22,080 |
| 2022 | $5,681 | $33,300 | $15,000 | $18,300 |
| 2021 | $5,995 | $31,740 | $15,000 | $16,740 |
| 2020 | $5,995 | $34,380 | $15,000 | $19,380 |
| 2019 | $5,343 | $30,060 | $15,000 | $15,060 |
| 2018 | $4,883 | $25,416 | $11,070 | $14,346 |
| 2017 | $4,779 | $24,912 | $12,582 | $12,330 |
| 2016 | $4,670 | $24,912 | $13,422 | $11,490 |
| 2015 | $2,615 | $23,797 | $16,622 | $7,175 |
| 2014 | $2,615 | $22,450 | $15,603 | $6,847 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Trestka
Map
Source: OneKey® MLS
MLS Number: 877172
APN: 04894-0042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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